Today's edition of the Saxo Morning Call features the SaxoStrats team discussing the continuing weakness of the US dollar as commodity prices recover ground and in the wake of key US equity indices hitting all-time highs Thursday.
Article / 19 November 2014 at 7:43 GMT

Full steam ahead for utilities as Japan reconsiders its nuclear future

Head of Equity Strategy / Saxo Bank
By Peter Garnry

Our conviction buy list portfolio on Asia-Pacific equities was flat in the past week. The Japanese utility company TEPCO was among the biggest gainers and rose 5% on news that the country's parliament is clearing the way to restart nuclear reactors that were shut down following the March 2011 earthquake and tsunami.

Asia Pacific equities top picks performance

TEPCO was additionally 4.3% in Asia session as Japan's PM Shinzo Abe called an early election and said nuclear policy to be included in platform. TEPCO shares are now up 17% month-to-date.

TEPCO share price since August 2013
TEPCO share price
Source: Saxo Bank 

Below is our quant model's updated conviction buy list on Asia Pacific equities.

Asia Pacific equities top picks

Workers decommissioning the Fukushima Daiichi nuclear power station. Photo: Tepco

 — Edited by Clare MacCarthy
Peter Garnry is head of equity research at Saxo Bank — the home of social trading


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